Zenith Bank Ghana capped off a stellar year in 2023, with total assets surging by nearly 44 percent to reach GH¢13.86 billion, as profit before tax moved to GHc1.02 billion. This represented a 284.35 percent reversal from the GH¢554.6 million loss recorded in 2022 as a result of the...
Enterprise Trustees Limited has partnered Letshego Ghana Savings and Loans PLC to provide pension-backed lending solution to its members. The solution, dubbed EZ Loan, allows members with Tier 3 Pension accounts with Enterprise Trustees to access short-term loan facilities with Letshego using their Tier 3 as collateral. Speaking on the...
Founder and President of GUBA Enterprise, Lady Dentaa Amoateng MBE has officially joined the PayAngel family as a brand ambassador, a perfect partnership for financial empowerment. As the well-known Ghanaian-British entrepreneur and philanthropist continues to champion diversity, inclusion, and sustainable development, her presence in the PayAngel family significantly contribute to...
Absa Bank Ghana LTD has taken a pivotal step forward in promoting intra-African trade through its latest initiative, the Absa Export Advantage Forum. This event, held under the theme ‘Promoting Ghana’s Intra-Africa Export & Unlocking New Export Potential’, convened exporters, policymakers, and industry leaders to explore opportunities created by...
… to usher one billion people into digital economy by 2025 By Juliet ETEFE Country Manager and Area Business Head for West Africa at Mastercard, Folasade Femi-Lawal has said her outfit is on a mission to drive digital innovation and inclusion in West Africa's rapidly evolving financial landscape. She emphasised their...
Millennials and Generation Z (Gen Z) come of age; they are increasingly taking an interest in investing to secure their financial futures. However, navigating the complex world of investments can be daunting for young investors who are just starting their journey. In this article, we explore tailored investment strategies...
By Samuel Kweku KUMAH In the heart of Ghana's financial sector, a pivotal transformation is underway, marked by the Bank of Ghana's introduction of its Sustainable Banking Principles in 2019. The Ghana Sustainable Banking Principles reflect a process-led initiative to take account of the environmental considerations, social inclusion, and...
By Desmond BREDU One of the most frequent buzzwords in personal finances is financial independence and financial freedom. Even though these words are frequently used, many people need to understand what they truly mean. In this article, I look at dissecting financial independence, how different it is from financial freedom and...
By Peter DERY Small and Medium-sized Enterprises (SMEs) are the lifeblood of any economy, driving innovation, creating jobs, and contributing to economic growth. However, one of the most significant challenges facing SMEs is access to financing. This may be attributed to their modus operandi, record keeping, associated risk amongst others. This...
…to develop Unified Payment Rails for advanced fraud detection and prevention in real-time payments By Addison A. GOLO The landscape of financial transactions is witnessing a remarkable transformation, driven by the rapid adoption of real-time payments (RTP). This evolution promises enhanced convenience and efficiency but also introduces significant challenges in managing...